The blue marked candle is what we call a 'structure candle'. The market often tests the top (or bottom) of bodies of these candles. Now we only have to wait for the right entry to get into the position to ride along with this movement down. However, currently the market isn't ready yet for this short, so we wait until it does. And if the market creates price...
The marked candle is what we call a ' structure candle'. The market often tests these. Now we only have to wait for the right entry to get into the position to ride along with this movement down. However, currently the market isn't ready yet for this short, so we wait until it does. And if the market creates price action which invalidates our possible setup,...
The marked candle is what we call a ' structure candle'. The market often tests these. Now we only have to wait for the right entry to get into the position to ride along with this movement down. However, currently the market isn't ready yet for this short, so we wait until it does.
A shorting opportunity is starting to form at BTCUSDT. Markets move in a structured way. In this case we can see a retracement, impulse, retracement and an impulse, which together create a neckline. After such an impulse we can expect the market to test the neckline. So we want to see the market move down to at least the blue box. Of course we can't just take a...
Currently we're seeing a higher RSI and a lower low on the 1hr timeframe at BTCUSDT. Typically we can expect a bounce based on this bullish divergence. We expect the market to test the previous structure before continuing higher. When the market does this we'll take a nice long with a good risk to reward ratio. But only when all the checkboxes of the strategy are...
After keeping structure around $9.00 we expect EOS to jump over 30% to $14.00
After holding structure around 290 ZECUSDT is going for a 15% move up towards 360.
After breaking above this structure we can expect CRVUSDT to move back to around $5.00
We expect 1INCHUSDT to test the crazy candle at $6.60 an continue up to $8.20. This will also give us a nice longing opportunity.
Barely held on to the structure level at $3.10, but now on its way to $4.15
We see a nice longing opportunity to test the previous ATH at $0.18
We're looking at a nice opportunity to see NEOUSDT go from 120 to 150 as soon as it breaks the weekly structure at 120.
After successfully keeping the structure a $t 0.90 we can expect more upside from BZRXUSDT. Target is $1.26, but don't close it completely, we're making new ATH's
SUNUSDT wasn't able to break above the structure at $36.00 so we can expect further downside to the next structure level around $23.50
After testing the structure around $9.50 we can expect NANO to go back to the ATH around $13.00
Before this dip is completed we need at least a lower low with a higher RSI on the 1hr timeframe. That's currently not the case, so we can expect further downside to at least $53.800. BTCUSDT could of course bounce a bit higher, but in a not too far distance we'll see it going back to $53.800
The market almost always retests these crazy candles. So we can expect some movement down to 245. This is also a strong structure area, so continuation up after that can be expected.
An old ATH is always a nice point to be looking for a good setup. At ETHUSDT we might get that chance when she retraces back to the old ATH at 2530 and then continue towards 3000.